The Buddy Bostick Foundation
- Assets
- $11.7m
- Revenue
- $538.9k
- Investments
- $11.5m
- Employees
- 0
- Location
- Waco, TX
- Founding
- 02/2017
- Data as of
- 12/2023
- EIN
- 81-0823336
Organization Overview
The Buddy Bostick Foundation is located in Waco, TX. The organization was established in 2017. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Buddy Bostick Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Buddy Bostick Foundation generated $538.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.3% each year . All expenses for the organization totaled $621.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Buddy Bostick Foundation has awarded 474 individual grants totaling $1,674,018. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Gohlke President | 0.5 | $52,700 | |
Willard Still Asst Treasurer | 0.5 | $33,500 | |
Wesley Austin Treasurer | 0.5 | $33,500 | |
Lesa Williams Secretary | 0.5 | $33,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200 |
| Interest on Savings | $248 |
| Dividends & Interest | $234,887 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $273,421 |
| Capital Gain Net Income | $273,421 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $30,148 |
| Total Revenue | $538,904 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $153,200 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $27,343 |
| Depreciation | $0 |
| Occupancy | $5,720 |
| Travel, conferences, and meetings | $1,682 |
| Printing and publications | $0 |
| Other expenses | $5,390 |
| Total operating and administrative expenses | $201,935 |
| Contributions, gifts, grants paid | $419,613 |
| Total expenses and disbursements | $621,548 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$90,819 |
| Savings and temporary cash investments | $3,174 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $11,508,912 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $279,892 |
| Total assets | $11,701,159 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Buddy Bostick Foundation has awarded $419,613 in support to 62 organizations.
| Grant Recipient | Amount |
|---|---|
ABILENE CHRISTIAN UNIVERSITY PURPOSE: SCHOLARSHIP | $500 |
AMARILLO COLLEGE PURPOSE: SCHOLARSHIP | $500 |
ANGELO STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $2,500 |
AUSTIN COMMUNITY COLLEGE PURPOSE: SCHOLARSHIP | $1,000 |
ARIZONA UNIVERSITY PURPOSE: SCHOLARSHIP | $1,000 |
BRIGHAM YOUNG UNIVERSITY PURPOSE: SCHOLARSHIP | $500 |